When it comes to American Enterprise, one thing that we can say for a certainty, is that many things are subject to change, and those corporations that are not up to their stuff, are the very same, that will miss their window to change, and subsequently will be left behind, for there are many an American corporation, in their day, which appeared impervious to competition, and seemed secure in their place with the American consumer, but somehow lost it all, slowly and then quickly.
While a company is made up of many things and many factors, it is vital to recognize, that a company also consists of human beings, and some of those workers aren’t just very skilled at what they do, but have a wealth of information that isn’t necessarily written down in a document, but is contained within the mind, or their muscle memory. In consideration that these employees aren’t going to be there forever, their skill set should ideally be passed on to the next generation, or it will be lost.
So too, just because things have always been done a certain way doesn’t mean that it is the best way or that other ways should not be explored, because companies that have lost their innovation are in danger of being surpassed. After all, there is always some other entity looking to improve upon the way that things are, which is why not only is research and development important, but also why it is important to continue to be innovative and to look for ways to improve.
Additionally, companies should not be afraid to thoroughly investigate just about every aspect of their organization to see if there is room for improvement and then to make it their point to improve. Indeed, one of the major issues with companies that have been successful but are starting to slip, is the fact that those in management are just comfortable with the way that things are, and therein lies the crux of the problem.
So then, it is necessary to bring in “new blood” to any organization, not only because there comes a time when the best and brightest are well past their prime, but also because the younger generation has something to prove, and wants the fair opportunity to get to the proving. Indeed, new employees, because they are not caught up yet in the corporate culture, for they haven’t been there long enough, can see things that those who have drunk the company “Kool-Aid” aren’t able to see readily, which makes them of special value.
A company is only as good as the people that are within it, and when those people have either seen better days, are resting on their laurels, or don’t seem concerned about innovation and progress, then that company is in trouble. How good the younger generation can do to improve matters comes down to not just their talent and desire, but also coordination with those who have the experience and know-how, so that with that new energy and perspective, along with wisdom, success is best assured.